Ex-R3 Director Tim Swanson Joins Blockchain Builder Clearmatics
Outspoken blockchain analyst Tim Swanson is becoming a member of U.Ok.-based Clearmatics, one of many prime rivals to his former employer R3.
Swanson, the founder and director of analysis at Publish Oak Labs, has been on Clearmatics’ advisory board since 2015. He’ll come on board full-time subsequent week as head of market intelligence, he instructed CoinDesk.
“It’s a privilege to affix an organization that has had a constant imaginative and prescient for the confluence of finance and expertise,” Swanson stated.
Earlier than starting his own consultancy, Swanson was the director of market analysis at enterprise distributed ledger expertise (DLT) builder R3, a place he held from close to the time that consortium started rising in 2015 till late 2017.
Clearmatics could also be finest often known as the expertise associate for Fnality, the consortium of monetary establishments constructing an interbank “utility settlement coin” (USC) which raised $63.2 million in funding final week.
Swanson stated he is not going to be working instantly on Fnality’s USC undertaking however can be centered on a variety of different Clearmatics initiatives. “Having pulled collectively regulators and establishments from the world over to incubate USC, I’m excited to contribute to the subsequent technology of essential infrastructure,” he stated.
Clearmatics itself raised $12 million in a sequence A spherical final October.
One thing of a divisive determine within the crypto area, Swanson was described by Michael J. Casey and Paul Vigna of their e-book “The Fact Machine” as “a vocal anti-bitcoin gadfly.”
A longtime pupil of blockchain, Swanson can be the writer of “The Great Chain of Numbers,” printed in 2014, an early take a look at “2.0” functions of the expertise akin to sensible contracts.
Picture by way of Tim Swanson.